Overview
What is Alameda Gardens Inc?
Alameda Gardens Inc is a nonprofit organization located in Sharon, Pennsylvania. Their primary mission is to provide housing facilities and services for elderly and handicapped individuals, ensuring their physical, social, and psychological needs are met. To achieve this, Alameda Gardens Inc owns and operates low-income elderly housing, offering a supportive environment that enhances their health, security, happiness, and overall well-being. The organization's goal is to promote longer and more meaningful lives for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (65%)
Alameda Gardens Inc has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement despite a solid performance in accountability and finance. Notably, the organization scored a perfect 100% in this category, showcasing strong governance structures such as an entirely independent board and a robust conflict of interest policy.
While the program expense ratio stands at an impressive 77.70%, indicating that a significant portion of funds goes directly to programs, the nonprofit faces challenges with its liabilities to assets ratio, which sits at 115.25%. This high figure suggests financial instability that could impact its long-term sustainability and operational effectiveness.
Overall, Alameda Gardens Inc demonstrates strong governance practices and effective program funding, but its financial health raises concerns. Addressing the liabilities issue would be crucial for improving its overall rating and organizational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Alameda Gardens Inc legitimate?
Alameda Gardens Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alameda Gardens Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,755
For more financial information, click here
What is the mission statement of Alameda Gardens Inc?
Alameda Gardens Inc, as stated in its mission, is dedicated to serving the needs of elderly and handicapped individuals. The organization aims to provide them with housing facilities and services that cater specifically to their physical, social, and psychological needs. The goal is to promote their health, security, happiness, and usefulness in longer living. Alameda Gardens Inc operates with the intention of enhancing the overall well-being of its residents, ensuring they live in an environment that suits their specific requirements.
Who is the CEO of Alameda Gardens Inc?
Fran Billen is the President of Alameda Gardens Inc. The CEO's salary of Alameda Gardens Inc is $0 and their total compensation is $115,196.
What is the revenue of Alameda Gardens Inc?
Alameda Gardens Inc's revenue in 2022 was $163,606.
Who are the executives of Alameda Gardens Inc and what are their salaries?
Here are 6 key members and their salaries (Alameda Gardens Inc's CEO's salary is $0 and their total compensation is $115,196):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $97,936
- Other: $17,260
- Compensation: $0
- Related: $50,716
- Other: $9,152
Where can I find the form 990 for Alameda Gardens Inc?
Alameda Gardens Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alameda Gardens Inc
Alameda Gardens Inc, a nonprofit organization, is dedicated to providing elderly and handicapped individuals with housing facilities and services tailored to meet their physical, social, and psychological needs. The mission of Alameda Gardens Inc is to promote the health, security, happiness, and usefulness of these individuals, enabling them to live longer and more fulfilling lives. By owning and operating low-income elderly housing, Alameda Gardens Inc aims to create a supportive environment where elderly and disabled persons can thrive. This mission is grounded in the belief that every individual, regardless of age or physical abilities, deserves to live with dignity and independence.
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Impact
October, 2024
Alameda Gardens Inc significantly enhances the quality of life for low-income elderly and handicapped individuals in Sharon, PA. By providing tailored housing facilities and services, it addresses the unique physical, social, and psychological needs of residents. This initiative not only ensures safe and accessible living conditions but also fosters a strong sense of community and support among residents. Through its mission, Alameda Gardens Inc promotes the health, security, and overall well-being of its residents, empowering them to lead fulfilling lives while maintaining their independence. The organization's commitment contributes to the dignity and happiness of an often vulnerable population, enabling them to thrive in a nurturing environment.
This information is meant to be a general summary of Alameda Gardens Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $45
- Program Service Revenue: $159,345
- Gross Receipts: $163,606
Assets and Liabilities:
- Total Assets: $3,196,085
- Total Liabilities: $3,585,494
- Net Assets: -$389,409
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$106,416
TENANT ASSISTANCE PMTS
Revenue
$54,234
LAUNDRY & VENDING
Revenue
$1,520
VACANCIES
Revenue
-$2,825
Organization Details
Founding Year
2012
Phone
(724) 342-6222Principal Officer
Fran Billen
Main Address
75 SOUTH DOCK ST, SHARON, PA, 16146
NTEE Category
Code: L21 - Housing
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